INNOV-R SME — PRIMA

For Québec SMEs working on clean technology or low‑carbon innovation, moving from concept to real-world impact often requires both capital and the right research partners. The INNOV‑R SME — PRIMA program is designed to bridge that gap by supporting ambitious industrial research projects that can significantly reduce greenhouse gas emissions while strengthening Québec’s innovation economy. Delivered through PRIMA Advanced Materials Research and Innovation Hub, this initiative aligns with the province’s broader push toward electrification, climate action, and the growth of future‑focused industries.

The program focuses on collaborative projects where small and medium-sized businesses work alongside other companies or research environments to develop new products, processes, or major improvements to existing solutions. Funding is non-repayable and can reach up to roughly $450,000 per project, typically covering a substantial share of eligible research and development costs. The emphasis is on technologies with strong commercialization potential and measurable environmental benefits, particularly those that encourage clean technology adoption, generate intellectual property, and attract further private or public investment.

INNOV‑R SME — PRIMA is especially relevant for Québec businesses facing technical risk or uncertainty but aiming to bring high‑impact innovations to market. Applications are generally ongoing, making it a timely option for companies planning their next R&D phase. Exploring the full details can help determine whether your project fits the program’s scope and collaboration requirements.